Question: this is my 3rd time getting it wrong please show your final number ive been getting it wrong by a decimal Given the following information

this is my 3rd time getting it wrong please show your final number ive been getting it wrong by a decimal
this is my 3rd time getting it wrong please show your final

Given the following information quoted from yahoo Finance for Wall Street Journal bond section) for today and given in the following table. Assume that Today is February 15, 2009 Type use Price Coupon Maturity Current Date Rate Date Yield Rating Bond Aug 2003 7.50% 8-15-2018 8.000 AM What is the price of this band (assume a $1,000 pat value)? What is the current yield of this bond?? Hint. Make sure to round all intermediate calculations to at least six decimal places. Paanower to be rounded to two decimals What is the price in dollars of the August 2003 bond? $(Do not enter a 5 sign Use commaa to separate thousands and use two decimal Round to the nearest doar. For example, the price you chtained a $1 187462224 the tart,168 What is the current yield of the August 2003 bond? % (Round to two decimal placea. You must enter answer in percentage denomination For example is the answer you obtained a 0.05247 then unter 5 25)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!